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Charles Hoskinson Discusses Ripple Integration into Cardano DeFi

Charles Hoskinson Discusses Ripple Integration into Cardano DeFi

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by Giorgi Kostiuk

9 hours ago


A recent discussion about the integration of Ripple into the Cardano ecosystem has drawn community attention. Cardano's founder Charles Hoskinson shared details about current plans and expectations.

Ripple Integration in Cardano

Cardano founder Charles Hoskinson responded to a community query about the possibility of Ripple's new stablecoin, RealUSD (RLUSD), being integrated into the Cardano network. While no specific launch date was provided, Hoskinson indicated that a full 'XRP package' is being developed, which includes the integration of XRP into Cardano's DeFi layer and support for the official Lace wallet.

'Glacier Drops' Concept

The term 'glacier drops' stood out in his comments. While it is not yet widely used in the crypto community, it seems to refer to staggered or milestone-based token or feature releases, representing a more strategic version of an airdrop.

DeFi Potential on Cardano

Hoskinson also emphasized the support for the Lace wallet, which is aimed at enhancing user experience. Integrating XRP with Lace would simplify Cardano users' ability to hold and interact with Ripple-based assets within the ecosystem. His comments underline Cardano's intention to collaborate with other networks, creating space for significant assets like XRP and RLUSD.

Hoskinson's conclusions underline Cardano's broader ambitions for integration into DeFi. If successfully implemented, this could attract more users and developers from the XRP community.

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